KARACHI: In the open currency market, the rupee strengthened and the dollar became cheaper by 25.75 rupees.
According to market sources, the price of the dollar decreased by 25 rupees 75 paise in the open market, resulting in the price of the dollar in the open market at 285. 25 Rs.
Earlier in the business day, the rupee began to stabilize in the open market and the dollar depreciated by Rs 11 to Rs 300.
It should be noted that the dollar closed down by only one rupee to Rs 311 in the open market yesterday, while the price of the dollar was Rs 285 47 paise by the end of the interbank trading session.
It should be noted that the final dollar rate in the interbank and open market will be revealed at the end of the business day at 4 pm.
Chairman of Pakistan Forex Exchange Association, Malik Bustan, says that for the first time in the history of Pakistan, the price of the dollar has fallen so much. I congratulate Finance Minister Ishaq Dar and Governor State Bank for their timely decisions.
